Senate Democrats urged CFTC Chair Michael Selig to reverse regulatory changes they say are enabling the growth of prediction markets tied to sports betting and geopolitical conflict.
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The Digital Chamber, a blockchain and digital asset trade association, urged the Federal Reserve to modify its proposed "Payment Account" framework by removing balance caps and expanding access to key services.
The Office of the Comptroller of the Currency proposed revised procedures for appeals of "material supervisory determinations" by OCC-supervised entities.
Federal Reserve Board staff economists argued that a "remarkable" rise in far-forward nominal interest rates reflects a repricing of long-term economic risks rather than shifting inflation expectations.
Federal Reserve Vice Chair for Supervision Michelle Bowman proposed regulatory measures to reverse the migration of mortgage activity away from banks.